Australian CFD Forum Limited & Ors - Authorisations - A91403 & A91404

Date lodged:

23 December 2013

Status:

Completed

Outcome:

Granted on 15 May 2014

Summary

Australian CFD Forum Limited, CMC Markets Asia Pacific Pty Ltd, Global Markets UK Limited and IG Markets Limited (the Applicants) sell contracts for difference (CFDs, a form of derivative product). The Applicants have applied for authorisation to make and give effect to a code of practice contained within the Australian CFD Forum's membership rules. Adherence to the code of practice and the membership rules are required in order to become and maintain membership in the Australian CFD Forum.

On 15 May 2014, the ACCC issued a determination granting authorisation until 6 June 2019.

A copy of the ACCC's determination is available by following the links below.